Lundin Other Stockholder Equity vs Good Will Analysis

0RQ9 Stock   107.55  2.44  2.32%   
Lundin Mining financial indicator trend analysis is infinitely more than just investigating Lundin Mining Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lundin Mining Corp is a good investment. Please check the relationship between Lundin Mining Other Stockholder Equity and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lundin Mining Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Stockholder Equity vs Good Will

Other Stockholder Equity vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lundin Mining Corp Other Stockholder Equity account and Good Will. At this time, the significance of the direction appears to have very week relationship.
The correlation between Lundin Mining's Other Stockholder Equity and Good Will is 0.25. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Good Will in the same time period over historical financial statements of Lundin Mining Corp, assuming nothing else is changed. The correlation between historical values of Lundin Mining's Other Stockholder Equity and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Lundin Mining Corp are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Stockholder Equity i.e., Lundin Mining's Other Stockholder Equity and Good Will go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Stockholder Equity

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Lundin Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lundin Mining Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lundin Mining Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to drop to about 111.1 M in 2024. Selling General Administrative is likely to drop to about 59.2 M in 2024
 2019 2020 2023 2024 (projected)
Interest Income1.8M6.3M5.7M5.4M
Tax Provision80.4M152.4M175.3M111.1M

Lundin Mining fundamental ratios Correlations

-0.70.910.910.870.93-0.76-0.740.860.93-0.610.930.96-0.670.120.72-0.770.850.950.850.950.880.39
-0.7-0.81-0.91-0.86-0.830.990.53-0.76-0.790.5-0.88-0.730.97-0.46-0.050.92-0.53-0.82-0.7-0.8-0.58-0.09
0.91-0.810.940.930.88-0.84-0.620.950.89-0.520.930.96-0.770.10.48-0.760.830.960.870.860.920.55
0.91-0.910.940.930.91-0.94-0.590.870.89-0.50.990.91-0.890.340.37-0.870.780.940.810.90.810.33
0.87-0.860.930.930.87-0.89-0.680.920.83-0.580.920.88-0.80.10.4-0.790.770.910.90.890.860.4
0.93-0.830.880.910.87-0.88-0.790.850.99-0.680.90.9-0.80.320.56-0.90.630.950.870.980.720.12
-0.760.99-0.84-0.94-0.89-0.880.57-0.79-0.840.52-0.9-0.780.97-0.45-0.140.93-0.56-0.86-0.75-0.85-0.62-0.1
-0.740.53-0.62-0.59-0.68-0.790.57-0.69-0.780.97-0.62-0.670.380.17-0.660.72-0.53-0.76-0.74-0.84-0.61-0.1
0.86-0.760.950.870.920.85-0.79-0.690.85-0.610.860.86-0.690.060.47-0.680.750.90.960.830.90.48
0.93-0.790.890.890.830.99-0.84-0.780.85-0.680.880.91-0.760.250.6-0.880.640.960.850.960.730.19
-0.610.5-0.52-0.5-0.58-0.680.520.97-0.61-0.68-0.53-0.550.320.22-0.520.69-0.44-0.68-0.63-0.73-0.51-0.07
0.93-0.880.930.990.920.9-0.9-0.620.860.88-0.530.91-0.850.260.43-0.860.830.950.810.910.840.37
0.96-0.730.960.910.880.9-0.78-0.670.860.91-0.550.91-0.690.110.62-0.770.850.970.80.90.90.49
-0.670.97-0.77-0.89-0.8-0.80.970.38-0.69-0.760.32-0.85-0.69-0.57-0.010.87-0.45-0.77-0.64-0.75-0.5-0.04
0.12-0.460.10.340.10.32-0.450.170.060.250.220.260.11-0.57-0.31-0.35-0.190.120.070.2-0.16-0.55
0.72-0.050.480.370.40.56-0.14-0.660.470.6-0.520.430.62-0.01-0.31-0.280.590.560.550.630.610.32
-0.770.92-0.76-0.87-0.79-0.90.930.72-0.68-0.880.69-0.86-0.770.87-0.35-0.28-0.54-0.88-0.65-0.89-0.55-0.01
0.85-0.530.830.780.770.63-0.56-0.530.750.64-0.440.830.85-0.45-0.190.59-0.540.810.650.70.940.75
0.95-0.820.960.940.910.95-0.86-0.760.90.96-0.680.950.97-0.770.120.56-0.880.810.840.950.860.4
0.85-0.70.870.810.90.87-0.75-0.740.960.85-0.630.810.8-0.640.070.55-0.650.650.840.860.820.32
0.95-0.80.860.90.890.98-0.85-0.840.830.96-0.730.910.9-0.750.20.63-0.890.70.950.860.750.15
0.88-0.580.920.810.860.72-0.62-0.610.90.73-0.510.840.9-0.5-0.160.61-0.550.940.860.820.750.73
0.39-0.090.550.330.40.12-0.1-0.10.480.19-0.070.370.49-0.04-0.550.32-0.010.750.40.320.150.73
Click cells to compare fundamentals

Lundin Mining Account Relationship Matchups

Lundin Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B5.9B6.9B7.1B8.1B7.1B
Short Long Term Debt Total446.5M7.2M227.8M86.1M77.5M73.6M
Total Current Liabilities605.4M587.4M787.5M950.1M1.1B679.0M
Total Stockholder Equity3.7B3.7B3.8B4.0B4.6B4.0B
Retained Earnings(178.3M)(98.2M)437.2M592.4M681.3M715.4M
Other Assets710.8M821.4M801.3M740.7M851.8M674.8M
Cash And Short Term Investments1.6B815.4M250.6M141.4M127.3M120.9M
Net Receivables366.6M396.1M662.3M594.8M684.0M471.2M
Good Will114.5M109.8M242.2M251.2M288.9M180.3M
Short Term Investments591.2M135.8M17.1M14.4M13.0M12.3M
Capital Surpluse48.9M49.4M51.3M52.1M59.9M54.2M
Inventory216.5M254.0M227.4M296.7M341.2M237.5M
Other Current Assets14.3M20.5M16.8M82.1M73.9M70.2M
Other Stockholder Equity(284.6M)(177.2M)(249.9M)(342.3M)(308.1M)(323.5M)
Total Liab2.6B2.2B3.1B3.1B3.5B3.1B
Total Current Assets869.7M837.9M1.5B1.2B1.1B1.2B
Common Stock4.2B4.2B4.2B4.6B5.2B4.7B
Property Plant Equipment5.1B5.1B5.1B6.0B6.8B5.0B
Other Current Liab267.6M263.8M485.4M359.7M413.6M345.3M
Other Liab1.8B1.9B1.8B1.8B2.0B1.9B
Net Tangible Assets3.5B3.7B4.2B4.6B5.3B4.3B
Accounts Payable188.4M126.0M199.5M315.9M363.3M232.9M

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